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Consumer Goods Newsletter - November 05 to November 09, 2012

India Infoline News Service | Mumbai | November 09, 2012 19:00 IST

Nestlé is opening its first research and development centre in India to further its understanding of Indian consumers, traditional ingredients and local cuisine, and to provide scientific and technological expertise to the rest of its global business.

Britannia Industries Ltd (BIL), India’s leading Food Company, for the 2nd Quarter ending September 2012, reported an increase of 9.5% in its Consolidated Revenue of Rs 1,542.6 crores and a Net Profit increase of 36.4% at Rs 58.9 crores. This takes its half yearly consolidated revenue to Rs. 2,890.8 crores, a growth of 10.6% and consolidated Net Profit to Rs. 105.4 crores, an increase of 27.8%.

It also reported an increase of 8.7% in its standalone revenue of Rs 1,402.8 crores with Net Profit of Rs 45.6 crores, an increase of 20.5%. The half yearly revenue of Rs. 2,624.4 crores grew 9.7% and Net Profit at Rs. 89.1 crores increased 11.8%.

Commenting on the performance, Vinita Bali, Managing Director, said:“Despite a sharp and unexpected increase in commodity & fuel cost, we continue to drive profitable growth through focusing on 3 priority areas of revenue management, cost management & innovation. On a consolidated basis, the dairy & international operations are accretive and contribute positively to both revenue & profit”.

Nestlé opens first R&D centre in India

Nestlé is opening its first research and development centre in India to further its understanding of Indian consumers, traditional ingredients and local cuisine, and to provide scientific and technological expertise to the rest of its global business.

The centre, which will specialise in Asian noodles and Indian cooking, will focus on developing highly nutritious, affordable products in appropriate serving sizes for lower income consumers.

Researchers will gain expertise in the use of local ingredients and culinary traditions – work Nestlé expects to be a source of new ideas for products.

The company has invested CHF 50 million in the centre, which is located in Manesar close to Nestlé India’s headquarters in Gurgaon.

India head of Wrigley, Gautam Sharma quits: Reports

Gautam Sharma, MD, Wrigley India, has reportedly quit the firm. An IIM Ahmedabad alumni, he has worked at Glaxo SmithKline, Perfetti Van Melle and Gillette,besides ING and Thomas Cook over the past two decades.

Sharma, who completed a 4-year stint at the company has not commented on his resignation.
Reports state that Wrigley revealed the information through an internal announcement.

The new MD of the company would be announced in December, reports added.

The popular products of Wrigley's include Boomer, Orbit and Double mint in India.

NHC Foods enters into a tie- up with Gershon Spices

NHC Foods Limited has said that the company has signed and entered into a business tie- up with Gershon Spices ltd, a dominant spices player in Israel .As per tie-up, Gershon will buy part of NHC's spice's productline during the year.

Today, Gershon is major importer of spices in Israel from India and its business is more than US $ 50 Million.Over the next 24 months NHC Foods hopes to become largest exporter from India to Gershon and this tie-up marks its first foray into the Israel market. The company is looking forward to working with Gershon Spices in coming years to unlock the business in the country.

Eleen,Keo Karpin: Dabur looking to buy popular brands?

Reports indicate that Dabur may scouting to take ownership of the GD Pharmaceuticals-controlled Boroline’s Eleen and Dey’s Medical-owned Keo Karpin

Dabur is reportedly looking to expand its portfolio by acquiring niche regional brands. Reports indicate that Dabur has its eyes set on GD Pharmaceuticals-controlled Boroline’s Eleen and Dey’s Medical-owned Keo Karpin.

Sunil Duggal, Dabur India Ltd CEO was quoted as saying that he was looking for niche, heritage, home-grown brands with strong recall in the personal care, especially hair care, and health care segments. He, however, was non-committal on any brand.

Result

Vadilal to double processed food sales to Rs 1bn

Vadilal Industries Ltd is planning to double its processed food revenues to over Rs. 1bn in next three years on the back of growing demand for its large variety of frozen processed foods in domestic as well as export markets. Vadilal, widely known as the second largest ice cream player in India is also amongst the largest branded processed food players in the country and has been one of the pioneers in exports of Indian frozen food products.

With a brand new packaging, the company is going to aggressively grow this business in India and globally under the ‘Quick Treat’ brand. After having established a strong presence in Gujarat, Mumbai, Rajasthan and UP for domestic markets, Vadilal will soon expand in a big way in the National Capital Region (NCR). Thereafter, it will tap all the major cities in the south, north and east. For exports, Vadilal will focus on North America, Middle East, UK, South Africa and Australia.

Elaborating on the company’s plans for the frozen foods business, Rajesh Gandhi, managing director, Vadilal Industries Ltd. said, “Due to the changing lifestyle of the young generation in India, especially in case of working couples, there has been a spurt in the demand for ready to eat (RTE) frozen foods across all major cities. Vadilal is tapping this fast growing market with a wide variety of products and through optimal utilisation of modern retail. We expect our domestic sales for frozen foods to grow by around 30% annually over the next few years and our focus will be on higher margin value-added products.”

GSK Consumer Healthcare Q3 2012 Earnings Call 2 Nov’12

GSK Consumer Healthcare Q3 2012 Earnings Call 2 Nov’12

Operator

Ladies and gentlemen, good day, and welcome to the Q3 CY12 Earnings Conference Call of GSK Consumer Healthcare Limited hosted by Kotak Institutional Equities. As a reminder, all participants lines will be in the listen-only mode. And there will be an opportunity for you to ask questions at the end of today's presentation. Please note that this conference is being recorded. At this time, I would like to handover the conference to Amrita Basu. Thank you, and over to you, ma'am.

Amrita Basu

Thanks Shama. On behalf of Kotak Institutional Equities, Iwelcome all of you to this GSK Consumer Healthcare 3Q CY12 earnings conference call. Iwould like to welcome the GSK Consumer Healthcare team, Mr. Ramakrishnan Subramanian, Director -Finance; and Ms. Pooja Thakur, Head -Financial Accounting. Iwill now handover the call to Mr. Subramanian to discuss the recently announced earnings. Thank you, and over to you, sir. Read more…

Titan Industries Q2 2013 Earnings Call 31 Oct’12

Titan Industries Q2 2013 Earnings Call 31 Oct’12

Operator

Ladies and gentlemen, good day and welcome to Q2 FY 2013 Earning Conference Call of Titan Industries hosted by Tata Securities. As a reminder for the duration of the conference, all participants lines are on listen only mode and there will be an opportunity for you to ask questions at the end of today's presentation. Please note that this conference has been recorded. At this time, I would like to hand the conference over to Bhaskar Bhat. Thank you and over to you sir.

Bhaskar Puttige Bhat

Thank you, everybody. Thank you all of you for joining this call at the end of quarter two. I assume that all of you have seen the public – the results on the website of BSE. It's a quarter which from the results perspective is a significant event really, the improvement in the margin of the company, despite low sales growth of under 10%. And that obviously was because of economic slowdown that we noticed through the first half itself. But to be fair, quarter two did see improvement in consumer sentiment and, in fact, it was better than quarter one, not in volume terms, but sheer sentiment terms. Gold prices affected gold volumes because customers had to pay more, but we continued to expand our network to 32 outlets and 59,000 square feet during the quarter across all the divisions.

Launched new products, both in Titan, in watches, as well as in jewellery , and particularly in Titan the youth collection in a way, lower priced fashion watches, TAGGED and then Sonata, the Super Fibre Ocean series is the first touchscreen watch, was a major innovation at an extremely low price of INR1495, INR1500. Titan Eye+ also had an extremely successful brand and sales quarter with significant volume growth because of the introduction of Trendz, which brought in great designs at reasonable prices and an aggressive advertising campaign on television.

So, in all in all, it's been a top consumer quarter, but because of the initiatives we took, we've been able to grow to whatever extent we have. The bottom line is there's been an improvement in the margin, but the top line growth has been difficult to achieve.

Retail growth in our channels. Same store growth has declined in the World of Titan and a 4% growth in total. Tanishq again is at 12% like to like value growth, 19% overall. GoldPlus is a decline 8% and even a total decline of 2%. The good news is like to like sales growth in Helios, which no longer is small; it's actually now 32 stores, and like to like must be more than four stores than last year. And of course the total growth is 127%. Read more…

Domestic News

USHA International all set to enthrall kids with its exciting range of fans

Usha International, one of the India's leading consumer durable manufacturing and marketing companies, will give Chota Bheem and Doraemon fans another reason to rejoice with the launch of its new colorful series of kid’s fans based on the theme of cartoon characters at an affordable price of just INR 3900.

Targeted at the children in the age group of 3-12 years, these fans will be available in various attractive designs across India. Completing the kid’s room décor the collection consists of four models i.e. Chota Bheem –Lado, Chota Bheem-Chutki, Doraemon-Copter and Doraemon-Basketball.

The parent’s decisions revolving around their children these days, many innovations in terms of room-décor and design concepts are available in the market. Also going by the latest trend and research findings ‘Chota Bheem’ and ‘Doraemon’ are the most loved cartoon characters among kids. Hence these fans by Usha will have these animated cartoon characters imprinted on them which will give kids a chance to live with the cartoon characters they love the most!

Exclusively designed for Kids, these fans have a stationary bottom cover for static images and complete viewing experience. What’s more? – They have technologically advanced heat-transfer technology for scratch-resistant finish, whisper quiet operation, high durability and air delivery. These fans carry 2 yrs warranty across India

Bright up this Diwali with Provogue

Shopping this Diwali will be gratifying and modish like never before. Provogue is proud to introduce fabulous offers that will lighten up your shopping experience this festive season

Re-invent your style quotient by opting for the special product hamper particularly designed this festive season to change the way you feel and look.

The exciting hamper consists of a silky striped tie, a pair of cufflink, a deodorant from their newly launched line, a leather wallet, pair of socks and a gentleman’s handkerchief. The products are paired together to offer customers a perfect blend of irresistible style and quality

‘King of Bollywood’ Shah Rukh Khan & ‘Queen of Hearts’ Katrnia Kaif for the first time come together for an ad campaign for world’s best selling beauty soap bar - Lux! These Bollywood superstars who need no introduction, will endorse two new sensuous variants Lux Peach and Cream & Lux Strawberry and Cream in their first ever endorsement together.

In 2005, the Baadshah of Bollywood – Shah Rukh Khan came onto the brand and featured in a memorable TVC with Hema Malini, Sridevi, Juhi Chawla and Kareena Kapoor. Once again, Shan Rukh Khan will feature in a stunning Lux commercial with the gorgeous Katrina Kaif who will drive him ‘Bekaboo’!

The magical fragrance of Lux that’s driving Shah Rukh Khan ‘Bekaboo’ has been created by world renowned perfumer Didier Gaffet. Inspired by the Kenzo Flower and keeping in mind the sensory preferences of Indian women; this Master Perfumer has created a fragrance that’ll make Indian woman feel elegant and polished. In Shah Rukh Khan’s own words, ‘The fragrance of Lux reminds me of being happy and being in love’.

Shah Rukh Khan and Katrnina Kaif’s sizzling chemistry can be seen radiating through the campaign, that’s been beautifully shot and directed by French director- Juan Delcan. The Sufi inspired music score has been composed by none other than world acclaimed Poet & Lyricist Gulzar and sung by the Voice of the Country Sonu Niigaam. Katrina has been styled by leading Bollywood fashion designer Rocky S.

At the shoot, Shah Rukh Khan also said, “I’m happy to be associated with Lux yet again! The fragrance of Lux will captivate you just as it has made me ‘Bekaboo’. The fragrance of Lux that stands for love and sensuality brings out the lover in me”.

Katrina Kaif adds, “Lux for me is a very special and iconic brand; it symbolizes beauty. When I think of Lux, I think of fun and spontaneity. Lux embodies a type of a woman rather than just soap and of course the fragrance that embodies sensuality. Lux’s amazing fragrance makes the whole experience of bathing fun!”

The FMCG giant, CavinKare announced south India’s rising star, Deeksha Seth as the brand ambassador for its new look Meera Shampoo.

With the launch of Meera Shampoo in a contemporary avatar, CavinKare is aiming to make this household brand more relevant in consonance with today’s lifestyle.

The Meera brand today has evolved as an ‘Inspired by Tradition’ brand, delivering the traditional goodness of natural ingredients that provide nourishment for strong, healthy and beautiful hair.

Commenting on the association, Deeksha Seth said, “I’m happy to be associated with an innovative brand that introduced the concept of hair wash powder to the South Indian woman and be a part of this new journey with them. These days, working on film sets day-in and day-out, I hardly have the time to allocate exclusively for hair care.Read more…

The Board of Directors of the Company ("the Board") at their meeting held on October 29,2012 appointed Godfrey Nthunzi as the Whole-time Director of the Company for a period of five years effective January 1, 2013 subject to the approvals of the Central Government and Shareholders of the Company.Nthunzi will head the Finance function and be the Chief Financial Officer of the Company.

Till recently, Nthunzi was Vice-President - Finance Colgate-Palmolive, Canada, a subsidiary of Colgate-Palmolive Co., U.S.A., where he contributed to the improvement in the subsidiary's margins and overall profitability whilst growing market shares.

Priorto this, Nthunzi was Finance Director, Colgate-Paimolive, South Africa, a subsidiary of Colgate-Palmolive Co., U,S,A„ a position he held since 2001. He helped to strengthen the financial health of the subsidiary, leading to increased sales and profitability.

Few of us have had a first-hand experience with fire and most of us have been lucky that it has not happened to us. Often, we tend to believe that it won’t happen to us. Unfortunately, fire-related accidents can result in catastrophic personal injuries and devastating damage. Every year, crores of rupees in property damage occur as a result of fire. Victims of firerelated accidents can suffer serious harm, including burn injuries to their entire body.

Accidents can cause death not only from burns but also from smoke inhalation and toxic gases. In a recent report “India Risk Survey 2012” by Federation of Indian Chambers of Commerce and Industry (FICCI), the risk of fire has been rated among the top six risks by all the regions across India. The respondents from outside India have ranked risk by fire as the number one risk. The manufacturing and telecom sectors have also highlighted fire as their number one risk.

Fire hazards are a common threat to establishments across sectors and regions, and in most cases, investigations have revealed that fire occurred due to sheer negligence. Since Independence, India has lost several lives and property worth billions in fire-related
incidents. There have been many instances when the authorities have highlighted risk of fire in buildings. Following a major fire-related accident in Kolkata’s AMRI hospital in 2011, fire authorities conducted audits in many hospitals across the country revealing that more than half of them lacked fire prevention measures.Read more…

Myntra.com, the ecommerce player for fashion and lifestyle products has acquired SherSingh.com, the global private label online brand specializing in sports-inspired lifestyle apparel for men and women. As part of the cash cum equity deal, the Sher Singh brand of products will now be exclusively sold on myntra.com and shersingh.com.

With this acquisition, Sher Singh’s senior management team along with its employees will be absorbed into Myntra and will contribute towards strengthening Myntra’s private label portfolio. Myntra will leverage Sher Singh’s fashion and design expertise to strengthen its private label and presence in the US market. Myntra will also maintain Sher Singh’s New York (award-winning)design studio to tap into the latest trends from one of the world’s leading fashion capitals.

Mukesh Bansal, Founder & CEO at Myntra.com said, “We are very excited about this acquisition. Sher Singh’s team has built one of the most innovative and trendy fashion brands which speaks to the global market place. We are very confident that this acquisition will significantly enhance Myntra’s fashion and design expertise”.

Sunjay Guleria, Co-Founder & CEO at Sher Singh.com added – “We couldn’t have asked for a better long-term fit than Myntra. As the leader in the fashion and lifestyle ecommerce space, Myntra will now expose Sher Singh’s award-winning designs and superior quality to millions of consumers in India and help us create long-term, sustainable brand equity. In addition, our combined merchandising expertise will ensure on-trend, global fashion at affordable prices”.

The company has offices in New Delhi and New York and has created the world’s first global Cricket-inspired lifestyle apparel brand with its signature “INDIA” polo worn by Cricket heroes such as Sachin Tendulkar, Zaheer Khan, MS Dhoni, and Harbhajan Singh.

Tata Tea lauches new website

Tata Tea Jaago Re announced the launch of its renewed website www.jaagore.com that provides information on a gamut of social issues, at the click of a button, to empower all Indians to act on issues relevant to every citizen. The new website reflects the company’s continued efforts to awaken individuals and inspire them to be the change that they wish to see around them.

Commenting on the renewed portal, Vikram Grover, Vice President & Head Marketing – South Asia, Tata Global Beverages Limited said, “Tata Tea’s Jaago Re campaign has been an agent of social awakening. It has been ahead of the curve in bringing burning issues like corruption into national consciousness. Today we are entering a new phase in the life of jaagore.com – this phase is born out of a belief that information is the lifeblood of a democracy. Read more…

An organisation in Paraguay that aims to boost education and entrepreneurship for young people is the winner of this year’s Nestlé Prize in Creating Shared Value.

Nestlé awarded the prize to Fundación Paraguaya de Cooperatión y Desarrollo for its ‘agricultural self-sufficient school’ project which ensures students receive technical and business training on top of their normal academic curriculum.

The announcement was made at the Creating Shared Value Forum 2012 in New Delhi, India.

Self-sufficient

The ‘self-sufficient school’ initiative sets up micro-businesses based on the school premises that teach teenagers the skills employers need.

Each school, together with the non-profit organisation Fundación Paraguaya, creates a ‘teaching and production’ business plan to define which small enterprises it will set up.

Teachers also help the students to develop skills to run their own businesses.

Money generated from the enterprises enables the schools to be self-sufficient and cover their operating costs – such as salaries, administration and school maintenance – without the need for government funding.

Action worldwide

The project led by Fundación Paraguaya has already reached more than 500 students in Paraguay.

It was first established in 2003 at the Escuela Agrícola San Francisco. It has been financially self-sufficient for more than five years.

Two other schools in the country are implementing the programme.

Worldwide over 50 schools in 30 countries in Latin America and Africa are replicating the project. This year about 25 schools in Tanzania, Africa, are also developing the model.

Scaling up

The Nestlé CSV Prize funding will help to scale up the project in Paraguay.

The funds will be used to recreate the winning model in the Paraguayan city of San Pedro. Read more…

Yahoo! India and Mediacom today announced the launch of Style Factor, a custom branded content and entertainment site for Procter & Gamble (P&G). Inspired by ‘The Thread’ on Yahoo! Shine developed for P&G in the USA, Style Factor will bring the latest celebrity news and information on fashion, skincare, hair care and makeup to users in India. Style Factor is available on Yahoo! India Lifestyle.

Leveraging the trending topics relating to leisure and entertainment content, Style Factor offers locally produced content, hosted by model and actor Nauheed Cyrusi** , with a dedicated editorial team supporting the production of local news online. Yahoo! will draw from a range of syndicated and original editorial material that will be rotated each month according to the P&G brand featured. The site is a showcase for leading P&G brands in India including Pantene, Whisper, Ariel, Oral B, Olay and Head & Shoulders. Read more…

This Diwali, shield your skin with the best of nature’s essence as Oriflame introduces Ecobeauty, the first global cross category cosmetics range to be approved by four leading independent ethical, natural and environmental global organisations – Fairtrade, Ecocert*, The Vegan Society and Forest Stewardship Council (FSC).

Beautiful you
Developed for the eco-conscious woman who wants to look and feel beautiful, Ecobeauty is bursting with natural, effective ingredients – antioxidants, vitamins, minerals and fatty acids – to nourish and protect the skin.

Ecobeauty launches with three high quality, rich moisturising face creams that leave the skin feeling radiant and hydrated. Dermatologically tested and with innovative Natural Pro-BlendTM technology, Ecobeauty works in perfect synergy to strengthen, protect and pamper your skin. Read more…

CavinKare’s Haridwar plant Quality Circle team bagged 3 Star Awards at the recently held International Convention for Quality Control Circles (ICQCC) organized by Malaysia Productivity Corporation (MPC), in Kuala Lumpur Convention Center.
The International Convention on QC Circles is an event held in different countries every year, with the concept of exchanging ideas, views and sharing experiences on quality circles and various methods from various countries across Asia. After its commencement in 1976 at Seoul with 3 countries participating in it, ICQCC has substantially grown in the number of countries participating every year and this year 221 teams from across 12 countries were actively involved. Every year ICQCC seeks to showcase the best international teams called quality circles by engaging them in a keenly-fought competition that is assessed by a team of experienced judges. The awards were presented based on 3 star (Gold), 2 star (Silver) and 1 star (Bronze). Read more…

The Board of Directors of Godrej Consumer Products Limited (GCPL) has identified Vivek Gambhir, Chief Strategy Officer, Godrej Industries and its Associated Companies, as the successor to A. Mahendran, Managing Director of GCPL. Mahendran has indicated that he would like to retire when his current term expires on June 30, 2013 to devote time to his family businesses. Mahendran will continue to serve on GCPL’s Board of Directors post his retirement. Over the next eight months, Mahendran and Vivek will work closely together to ensure a smooth transition of responsibilities.

Adi Godrej, Chairman of GCPL, said “Over the last eighteen years, Mahendran has provided tremendous leadership to the Group in different roles. As Managing Director of GCPL, he successfully guided the company through the merger with Godrej Sara Lee Limited and our internationalization strategy. We are very appreciative that we will continue to benefit from his insights and experience as a member of the Board. Read more…

India Inc. this Diwali is severely cutting back its corporate gift budgets by a whopping 45%-50% as costs balloon and earnings together with profit margins shrink by the day, according to a ASSOCHAM survey.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) carried out a survey during October to ascertain the ‘Diwali Gifting Intentions of India Inc.’

“Just like the last year, this year too the business houses are bracing for a muted Diwali affair evidently as majority of respondents of ASSOCHAM survey have tightened their purse strings and have slashed their budgets for Diwali gifts significantly,” said ASSOCHAM secretary general, D.S. Rawat. Read more…

Green Trends, the hair and beauty salon service business of FMCG conglomerate CavinKare, today launched its 83rd salon at Anna Nagar East. It is also the 48th salon to be launched in the franchise format and the 4th salon in the Anna Nagar locality.

As part of the launch ceremony, celebrated cine actor, Jayam Ravi graced the occasion and inaugurated the new outlet at Anna Nagar.

Speaking about the launch, Gopalakrishnan, Head of Trends In Vogue, said, “Once again, we are extremely happy to extend the Green Trends' services to Anna Nagar on a franchise arrangement and extend our services to more people with greater demand from our existing customers.

This salon would establish benchmarks in quality and be consistent with beauty services offered at our salons across the country.” Read more…

Continuing its tradition of delivering pure and safe products, Mother Dairy announced the launch of traditional sweets this Diwali. Mother Dairy entered the space of dairy desserts with launch of Mishti Doi and Rice Kheer few years back. It has further strengthened its range by launching Chhana Kheer, Khoya and an assorted pack of Indian traditional sweets. These new offerings from Mother Dairy will allow the consumers of Delhi & NCR to experience pure quality sweets clubbed with great taste.

Cavinkare, the diversified FMCG conglomerate from South India, has launched a range of delicious, nutritious milkshakes under its dairy brand Cavin’s. Cavin’s Milkshakes will be available in a delectable range of Vanilla, Strawberry, Chocolate and Banana flavors. These have been formulated to the original taste and flavor of real ice-cream based milkshakes.

CavinKare, which invests heavily in product research to bring out innovative products that are highly differentiated to make meaningful difference to consumers, has indicated that the product stands out as a unique offering amidst the flavored and value added milk beverages category and will be a favorite with young children and adults alike. The milkshake category launch follows the launch of the Cavin’s Pure+ range of UHT milk in innovative ‘New Gen’ packs that lasts for 120 days that many consumers have now bought into. Read more…

Godrej Nature’s Basket last night bagged the ‘Star Retailer Award for the Food & Grocery Retailer of the Year’ at Asia’s biggest franchise and retail summit- Franchise India 2012. The award was presented at the 10th edition of this noted summit on the 4th of November, 2012.

The 2 day annual summit (3rd November – 4th November, 2012) was held at the Pragati Maidan, New Delhi, with attendance from over 2,50,000 business entities and 150 business events spanned across these 2 days.

The celebrated forum that recognizes and honors the best in Asia Retail Industry, felicitated Godrej Nature’s Basket with the award for outstanding performance in consumer centricity and sales revenues amongst noted giants in the retail space. With this award, the leading gourmet chain has now won and been recognized at every retail forum in India in 2012. Read more…

The beauty of close up images with eye pleasing colors can now be easily sealed with FinePix HS30EXR as Fujifilm India introduces the latest in the product line-up of market-leading bridge cameras, which offers high zoom and super macro mode.

It is a complete package of features like EXR Technology behind its Sensor & Processor, High Speed Shooting Functions, Film Simulation mode, High Contrast 3.0-inch Large LCD, Advanced Shooting Modes etc. The quality of pictures display even the very small and intricate detail which goes largely unnoticed by us as we hurriedly shuffle through our day. The product has been priced at Rs. 26, 999. Read more…

The most celebrated festival of India is back. Yes the gleaming festival of lights- Diwali is here again and FabFurnish.com is ready to dip you in hues of Indian culture. Indulging in the splendid celebrations, FabFurnish.com–one of the leading furniture and home-ware portals in India awaits your click which will readily take you to the world of online home shopping. Suiting your various budgets, FabFurnish will make you go all gaga with its perfect shopping guide and tempting schemes for this festive season.

Themuch loved collection at FabFurnish.com has something for everyone from brightcolour lights to beautiful candles to an attractive range of furniture. Grab the exciting range of home decoration products to make this Diwali a more glittering affaire.

Make each and every corner of your home beautiful by taking a pick from the impressiveFabFurnish line-up ofcolorful home collection featuring attractive candle holders, lamps and more. The home collection also includes a new range of photo frames, bed sheets and much more to give a new look to your house this year. FabFurnish presents the ideal range of barware including awide variety of beer and wine glasses perfect for entertaining at home or gifting. Read more…

Few of us have had a first-hand experience with fire and most of us have been lucky that it has not happened to us. Often, we tend to believe that it won’t happen to us. Unfortunately, fire-related accidents can result in catastrophic personal injuries and devastating damage. Every year, crores of rupees in property damage occur as a result of fire. Victims of firerelated accidents can suffer serious harm, including burn injuries to their entire body.

Accidents can cause death not only from burns but also from smoke inhalation and toxic gases. In a recent report “India Risk Survey 2012” by Federation of Indian Chambers of Commerce and Industry (FICCI), the risk of fire has been rated among the top six risks by all the regions across India. The respondents from outside India have ranked risk by fire as the number one risk. The manufacturing and telecom sectors have also highlighted fire as their number one risk. Fire hazards are a common threat to establishments across sectors and regions, and in most cases, investigations have revealed that fire occurred due to sheer negligence. Since Independence, India has lost several lives and property worth billions in fire-related incidents. There have been many instances when the authorities have highlighted risk of fire in buildings. Following a major fire-related accident in Kolkata’s AMRI hospital in 2011, fire authorities conducted audits in many hospitals across the country revealing that more than half of them lacked fire prevention measures. Read more…

Wipro Consumer Care and Lighting (WCCLG), the fast moving consumer goods (FMCG) and Lighting division of Wipro, has re-launched Aramusk. Aramusk is one of the oldest male soap brands in the country and was acquired by WCCLG from Mumbai-based VVF Ltd in June 2011. Wipro has expanded the brand portfolio from only soap to newer categories and now has Aramusk offerings in Talc, Deo, Shave Foam, Shave Cream etc. The company has announced the launch of the new product range nationally.

The company has also roped in leading film star Shahid Kapoor as the brand ambassador for Aramusk.

“Aramusk is a strategic fit into our personal care portfolio. The relaunch of Aramusk will significantly enhance our presence in male grooming. Aramusk has a lot of latent equity in the market and we intend to tap it. Over the years we have carefully chosen celebrities to endorse our brands and it has worked well for us. Shahid is a leading star in India and fits the brand personality” said Mr. Anil Chugh, Senior Vice President, - Wipro Consumer Care and Lighting.” Read more…

With the festive season just around the corner, CavinKare’s Garden has come out with its new range of Sweet & Namkeen combination gift packs.

A pioneer in introducing the Diet Range of Snacks like Diet Bhel, Diet Chivda and Lemon Bhel, Garden has introduced several different combination of namkeen and sweets in attractively packaged gift packs – all set to woo the Indian consumers during the year-end festivities.

The combo gift pack range Kuch Khatta Kuch Meetha – is a combination of one box of khatta-meetha savory and one box of Elachi Soan Papdi, Meetha Nazarana – this combination pack comprises an assortment of Rasgulla, Instant Bhel mix and Soan Papdi made with pure Ghee, Meetha Magic -- this is an assortment of Orange & Elachi Soan Papdi, Mithas Ki Saugat – this is an assortment of Elachi, Orange, Pineapple & Chocolate Soan Papdi and for those with a sweet tooth, there is Sweet Treat – which is a combination of one tin of Gulab Jamun and one tin of Rasgulla. Read more…

The Board of Directors of the Company ("the Board") at their meeting held on October 29,2012 appointed Godfrey Nthunzi as the Whole-time Director of the Company for a period of five years effective January 1, 2013 subject to the approvals of the Central Government and Shareholders of the Company.Nthunzi will head the Finance function and be the Chief Financial Officer of the Company.

Till recently, Nthunzi was Vice-President - Finance Colgate-Palmolive, Canada, a subsidiary of Colgate-Palmolive Co., U.S.A., where he contributed to the improvement in the subsidiary's margins and overall profitability whilst growing market shares.

Priorto this, Nthunzi was Finance Director, Colgate-Paimolive, South Africa, a subsidiary of Colgate-Palmolive Co., U,S,A„ a position he held since 2001. He helped to strengthen the financial health of the subsidiary, leading to increased sales and profitability. Read more…

The brand that has glamourized and redefined kitchens all over the world for close to 90 years is now all set to wow Indians with their entire range of cookware at store-in-store outlets across India.

Le Creuset – A global legend with a history of re-invention From the day it created its first porcelain enamelled cast iron pot in 1925 at its foundry in Fresnoy le Grand, the French company had the recipe of success down pat.

The brainchild of Belgian industrialists, Armand Desaegher and Octave Aubecq, the brand was a culmination of their respective casting and enamelling expertise.

After the 2nd World War, Le Creuset became a pioneer in enamelled cast iron cookware, innovating with and new and exciting styles and pieces. This was when the company’s signature item, the Cocotte or French Oven was launched. With its trademark flaming Volcanic (orange) shade, it became a classic that is still being re-modelled in bright retro colours, even to date.

The Fifties and Sixties saw the brand launch several new products, including: the Tostador, the Doufeu - a cocotte with a water lid, its first Fondue Set and first Barbecue. Tomers with more products over the decades, Le Creuset has continued to use the hand-crafted techniques along with the attention paid to its heritage. Read more…

Nestlé is opening its first research and development centre in India to further its understanding of Indian consumers, traditional ingredients and local cuisine, and to provide scientific and technological expertise to the rest of its global business.

Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.

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